After reviewing the data from MMT @MMTFinance, here are a few observations: Price-wise, it's currently around $0.22, with a circulating supply of 210 million and a market capitalization of $45 million. The Sui ecosystem is in a correction phase, experiencing a sawtooth pattern reminiscent of a bear market turning bullish. Fees, as seen on DefiLlama, totaled $1.02 million over the past 30 days, averaging $34,000 per day. In the last 24 hours, it only reached $19,000, typical for a cold market. Annualized, this amounts to over $12 million. With 100% buybacks, this roughly consumes 0.15%-0.2% of the circulating supply daily, providing some support but not enough to significantly boost the price in the short term. The official locked-up ratio doesn't seem to be updated; on-chain data suggests it's hovering around 65%, with the circulating supply remaining unchanged, indicating relatively low short-term supply pressure. I tried placing 5000 USDT in the wBTC-USDC pool, and the slippage was about 0.05%-0.07%, meaning a maximum loss of three to five dollars. With a TVL of over 41 million and a 30-day trading volume of 1.4 billion USD, the scale is significant. In general, if you're already bullish on the Sui ecosystem and willing to wait for the funds to return next year, then locking it up for a year as a gas subsidy is a reasonable approach, like a lottery ticket for the ecosystem. MMT is listed on #BinanceSpot, BNB holders benefit binance.com/zh-CN/bnb